Subclass 893: State Sponsored Investor Visa
Subclass 893 visa was reserved for people who had undertaken business and investment activities in Australia. It conferred permanent residency whereby the visa holder was allowed to stay in Australia indefinitely.
Subclass 893 visa is now almost repealed.
Subclass 893 visa was payable in 2 installments.
- Base application charge: $2,450
- Additional applicant charge for an applicant who is at least 18: $1,225
- Additional applicant charge for an applicant who is less than 18: $615
Second Installment: Additional applicants who do not demonstrate functional English: $4,890